Use the following information for question #20-#25 Suppose using year 1 as the base, you found that real fixed-weight GDP in year 1 was $70,000 and the real fixed-weight GDP in year 2 was $95,200. If year 2 was the base, real fixed-weight GDP in year 1 was $50,000 and real fixed-weight GDP in year 2 was $62,500.

20. What is the chain-weighted growth rate between year 1 and year 2? 5% 6% 20% 30% None of the above

21. If year 1 is the base year, what is the CWRGDP in year 1? $84,000 $48,076.92 $50,000 $70,000 None of the above

22. If year 1 is the base year, what is the CWRGDP in year 2? $60,000 $62,500 $91,000 $114,200 None of the above

23. If year 1 is the base year, what is the GDP deflator in year 1? 100 125 136 140 None of the above

24. If year 1 is the base year, what is the GDP deflator in year 2? 65.65 100 125 136 None of the above

25. If year 1 is the base year, what is the growth rate in the deflators? 2.94% 25% -8.09% -34.35% None of the above